How to change names on a mortgage loan?

My mortgage is in my fathers name. I pay the mortgage and all of the other bills associated with this house. Can the loan be transferred to my name with out taking out a new loan in my name?How to change names on a mortgage loan?
No, you will need to take out another mortgage in your own name, if you are on title you can do it as a refinance but it may be better to buy it from your father if there isn't a lot of equity.How to change names on a mortgage loan?
Nope. The only way to change it is to refinance it into a new loan. And without your father's name, you would also have to be the owner, and they'll probably want you to live there too.



Look at it this way. Even though you've been making the payments, the deal was between your father and the lender. Before he makes a deal with you, he needs to check you out just like he did when he made his arrangements with your father. All the other bills are a different matter. Call the electric company and the gas company and whoever else, and get the accounts changed into your name. Your father will probably have to be on the call too. Call the county about the tax bill, but they probably won't change it unless you actually own the property.
Most likely no simple because your father is who the bank approved so he is on the hook for the loan. Its most likely not an assumable loan due to the use of the property unless he lived there and moved out at some point to rent the home to you. The loan he has would have to be a FHA loan to be assumable. You can purchase the home from your father and your father could gift you the down payment to help you qualify. This may lower your payment depending on the terms your father has on the loan. For insists, if he purchased the home as an investment/rental home, then your payment may go down. Talk with a local mortgage broker in your area.
Have your father sell you the home for a cheap price, and buy the home outright. Best Wishes.
Only if the mortgage is assumable and you are credit worthy.



Start with the lender
Nope, the mortgage co won't let you do that!